Nichiwa Sangyo Co., Ltd.
Hiyori Industries Co., Ltd. First Quarter Financial Summary (Japan GAAP) Consolidated
Consolidated first-quarter results show net sales of 11,764 million yen, up 2.2% YoY. Operating income increased by 38 million yen, ordinary income increased by 41 million yen, and net income attributable to owners of the parent was 3,000 million yen, up 40.0% YoY. Full-year outlook unchanged from previous projections (sales 5,0000 million yen, operating income 500 million yen, net income 300 million yen). Both the feed and livestock segments remain solid.
Key Figures
- Net sales: 11,764百万円（YoY +2.2%）
- Operating income: 382百万円（YoY +39.1%）
- Net income attributable to owners of the parent: 300百万円（YoY +40.0%）
AI要約
Performance overview
Hiyori Industries achieved net sales of 11,764 million yen (YoY +2.2%), operating income of 38 million yen, ordinary income of 41 million yen, and net income attributable to owners of the parent of 30 million yen in the first quarter of the fiscal year ending March 2027. Despite fluctuations in raw material and livestock prices and feed demand, all metrics improved versus the previous period. The Feed segment recorded net sales of 11,252 million yen (YoY +2.1%) and segment profit of 343 million yen (YoY +18.3%). The Livestock segment posted net sales of 512 million yen (YoY +4.4%) with segment profit of 60 million yen (YoY +215.5%).
Outlook and dividends
Full-year earnings guidance remains as announced in May 2026. Based on reasonable assumptions from the current information, the company expects net sales of 5,000 million yen, operating income of 500 million yen, ordinary income of 500 million yen, and net income attributable to owners of the parent of 300 million yen. No new guidance on dividends; the expected year-end dividend is composed of 0 yen / 0 yen / 6 yen / 6 yen.
Hiyori Industries Co., Ltd.
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